The committee may also ask other specialists and experts for opinions, said the agency.

The new institute will be tasked with establishing rules and regulations for organizing electronic trade in the country.

Among other tasks, the agency said, are preparing legislative tools in the field of electronic trade, and amending established laws.

Determining appropriate methods to attract international technology firms and proposing the facilities and benefits that can be provided to companies working in the field of technology, which would contribute to making Bahrain a distinguished regional center in this domain, are among the tasks also.